Two years on: Progress after Xi's speech on the internet
chinadaily.com.cn |
Updated: 2018-04-19 08:37
Share
Share - WeChat
5. Development of internet enterprises
The number of Chinese AI enterprises reached 592 in June 2017. As of December 2017, there were 77 "unicorn companies"— private startups valued at more than $1 billion — in internet and information industries in China.
Among the unicorns, over 30 percent were e-commerce or internet finance businesses, while culture and entertainment, automobile and transport, online medical services and AI companies also achieved rapid development.
- Henan retailer's reparation policy fosters workers' rights
- Shanghai offers blueprint for waterfront renewal
- University licenses smart fish feeding system for 20 million
- Shandong court sentences former insurance chief for bribery
- Culture high on agenda at Sanya tourism summit
- Chinese cities post strong performance in 2025 global innovation index
